Notes to the Central Bank of Iraq

by **claud39** Thu May 02, 2019 1:06 pm

[size=30]Notes to the Central Bank of Iraq[/size]

02/05/2019

Notes to the Central Bank of Iraq Thumbnail.php?file=download__1__642625319_568066645_412890909

[rtl]Abdul Zahra al-Bayati[/rtl]

[rtl] In recent years, the country's private banking sector has witnessed remarkable development. It is estimated that there are more than 75 private banks, and it is clear that this expansion in this sector did not come from a vacuum. It is a result of the necessities dictated by the need and expansion in line with the trend towards upgrading and expanding the private sector in order to take its role. In all countries of the world, which has adopted privatization in various economic activities.[/rtl]

[rtl]I believe that the prudent policy of the Central Bank of Iraq has an impact on the development of a promising Iraqi banking industry. However, there are some observations that we would like to work on, including the establishment of specialized training courses for senior administrations represented by the board members, the managing director and the assistants to the banks. Leading in these banks, so that we have a staff capable of performing its functions to the fullest. This will insure the private banks not to fall into the mistakes and the resulting fines, and the insurance of these owners will break the monopoly of these titles by people who believe that the best and without them gets the flood![/rtl]

[rtl] In the opinion of specialists in the banking sector, the insurance of senior and middle banking companies is a necessary and very important to feed the private banks with human cadres prepared, trained and prepared for this purpose. We believe that the Central Bank of Iraq is able to do so easily and easily if we know that he has the experience and energies of high-level in the field of expertise and training, and we hope to hear about the courses opened soon .. Yes very soon, and it is OK to use foreign expertise in this area.[/rtl]

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